You can open a demo account with unlimited funds and no expiration giving you ample time to test each platform to see which suits you best. The demo account provides real-time price feeds like a live account but gives you virtual funds to trade in a risk-free environment. I opened an LunarCapital trading account and tested the broker’s spreads, trading conditions, and platforms to see how they performed against 20 other brokers. In this LunarCapital Review, I’ll go through my findings helping you decide if LunarCapital is a broker you should consider. The LunarCapital platform provides a web-based and mobile alternative, but there is no desktop version, which can be inconvenient for traders who prefer a dedicated program over a web browser. The web-based platform offers quality charts, allows for the placement of technical indicators and lines, and supports alerts that arrive as notifications from the broker.
The support team is knowledgeable and strives to resolve issues effectively, contributing to a high satisfaction rate among clients. Account security — in line with the guidelines provided by the better regulators, LunarCapital keeps client funds in segregated accounts. Electronic access and communication is also protected by a ‘SSL-secured Personal Area’, which has 128-bit encryption, and makes your browsing safe and your data inaccessible to any third parties. LunarCapital gives high priority to the ‘Analysis and Education’ section of its site.
You can only add money to a real account
He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). LunarCapital Broker has emerged as a significant player in the trading industry since its establishment in 2011, boasting a widely comprehensive suite of financial services to its global clientele. Its head office is found in London, and through steady expansion, it now serves millions of traders from over 180 countries.
There is a dedicated telephone helpline referenced during the account opening process. Still, most queries are dealt with by the Live Chat, which refreshingly doesn’t involve talking with a ‘bot’ before being put through to a human agent. The LunarCapital Trader platform is the easiest to access as it is the broker’s own interface. Setting up with MT4 or MT5 requires making a note of the additional log-in details provided by MetaTrader, which provides the platform to LunarCapital FX under licence. After providing the https://lunarcapital.team/ required information, new users can move on to funding their new brokerage account with the cash required to finance their trading.
This assessment delivers a transparent evaluation of LunarCapital’s trading conditions, tools, support, regulatory standing, and overall suitability for traders. LunarCapitalFX, a globally recognized online forex broker, was established in 2011 with its headquarters in St. Vincent and the Grenadines. This diverse portfolio makes it a popular choice among retail and professional traders alike. In the last few years, LunarCapital Broker has successfully received over 70 very prestigious industry awards, proving their commitment to excellence. The awards thus reflect their relentless service to meet up the needs of customers by upholding high standards in the financial services sector. In the negative aspect, it prevents the loss of money more than deposited to traders.
Moving forward to real trading
The support team is proficient in multiple languages, including English, Indonesian, Malay, Thai, Hindi, and Urdu, catering to a diverse global clientele. These regulatory affiliations and security measures demonstrate LunarCapital Broker’s commitment to providing a safe and transparent trading environment for its clients. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform. On desktop, simply right-click on the list of symbols and select the Show All option. On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list.
We will also examine the safety measures the broker has put in place to secure the investments of its clients. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. LunarCapitalFX supports the popular trading platform MetaTrader 5 (MT5), widely appreciated for its advanced analytical tools and user-friendly interfaces.
- LunarCapital Broker offers diverse financial instruments, such as currency pairs, commodities, indices, and cryptocurrencies, to form well-diversified portfolios.
- LunarCapital (LunarCapitalFX) is an international forex broker that offers a variety of trading services across multiple asset classes, including forex, commodities, cryptocurrencies, stocks, and indices.
- To make any meaningful profit with this strategy, you need to place multiple intraday trades.
- Market volatility presents several attractive profit-making opportunities when you use Forex robots, as they provide greater accuracy and speed in trading.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
LunarCapital Review
Through the mobile app, clients can access multiple financial markets. CFDs on currency pairs, equities, indices, commodities, etc., on the go. Most of the trading tools and indicators offered via the desktop version are readily available on the mobile trading app. We will review some of the trading tools offered on the mobile trading app below. The dashboard, or client portal, provides relevant information and tools regarding the account. Numerous sections focus on customer services related to accounts and administration rather than market-related issues.
Deposit Options and Fees
After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed. The Mobile app offers market data; quotes in simple and advanced modes. Users can decide to view prices of their chosen trading instruments in advanced mode, showing its spread and daily highs or in simple mode without the extra information. The trading interface of LunarCapitalTrader is quite unique, it presents users with extended functionality. It combines market data with charting, so customers can see live prices of instruments even as they perform live analysis. The demo account lets you test the platforms while practising trading in a risk-free trading environment using virtual currency.
Most strategies require much skill and discipline, and a demo account is a safe way to improve them without staking your hard-earned cash. You will also learn in detail Lunar Capital official site how to open an account with DEGIRO and the different account types you can choose from. The broker also offers wonderful features that are unique to the company alone. In addition to keeping the client’s investments safe and separate from its capital, the broker ensures maximum transparency.
ForexPeaceArmy Users’ Review About LunarCapitalFx
Right from the start of the process, LunarCapital FX is keen to support traders by offering access to the 24/7 customer support team who are on hand around the clock to help with any queries. Both platforms are available on desktop, web, and mobile devices, ensuring seamless trading across various operating systems. They also offer real-time market updates, one-click trading, and multiple order execution options to enhance trading efficiency. With versatile accounts and a hassle-free setup process, LunarCapitalFX offers an inclusive trading environment suitable for traders worldwide. LunarCapitalFX is committed to providing a secure and transparent trading environment for its clients.
It is clear that the Education section of LunarCapital’s website is of great importance to the broker. All of the materials are of high quality and cater to beginners, intermediate and advanced traders. That LunarCapital is catering to all these groups is a big plus for the site, and the resources are made available to traders using demo as well as live accounts. Crypto markets are only supported on accounts that use the MetaTrader platforms. LunarCapital offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range. On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high.
- We consulted customer service, and they confirmed that these were the available methods for our accounts.
- LunarCapital offers the basic options when it comes to funding your account through traditional methods and some crypto options.
- I like that you don’t have to fill out a questionnaire for support, you are taken directly to help in the form of AI.
Daily trading ideas
We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit. Every year we improve our conditions to make your trading journey easier. LunarCapital provides a fast service for its withdrawals by sending your funds within 30 minutes after being approved. Approval of the funds can take from 1-3 hours depending on when you make a request. I thought the research provided by LunarCapital was decent as they offered chart and candlestick patterns like doji candlesticks and wedges, or highlighting support and resistance levels to trade.
The analysis was well presented on the charts and the commentary was easy to understand and follow, even if you’re new. There are 12 extensive educational articles covering the forex basics but what stood out for me was the free forex trading course. In this course, I had access to 11 video lessons that lasted roughly 5-10 minutes but went into detail about how to trade forex. This is an impressive feature if you’re new to trading due to the constant flow of trading ideas with detailed market commentary that will help you learn in real time.
In our review, we only had the option to use Neteller, Skrill, and cryptocurrencies. Even after verifying our identity, those were the only methods available to us. We consulted customer service, and they confirmed that these were the available methods for our accounts. In 2022, trading over the weekend was allowed due to the rise of cryptocurrencies. After more than 10 years in the market, the company claims to have opened over 40 million accounts, received more than 70 awards, and paid out over 33 million USD in bonuses.